Those could afford are likely to invest in hongcouver, australia and uk. those not so well off are more likely to choose taiwan as more familiar and lower threshold.

more likely goreng by property agents and developers.

This decision could be coming,... if included,... the Ringgit will strengthen,...

Decision is said to be at end of this month,....

https://themalaysianreserve.com/2019/09/12/...remain-on-wgbi/

Off the top of my head,... when the queries from FTSE started,..emm,... back in April this year,... USDMYR was at,... what,.. 4.10 ? SO,... I think it will move back to 4.10/4.05 PROVIDED no other 'more negative' news comes along,....

If oil price drops, then we can't get that level even if FTSE RUssell lets Msian Sovereign Bonds remain inside the index

3.90 range,... think I've been hearing 4+ range for a long while,...I'm afraid,.. after the Norwegian Gov't removed RM Bonds, it won't be so easy anymore !

Yeah bro,... that's the inconvenience with our RM,... matters and events here and there will 'destabilise' it easily,...

Well bro, the further they put out the target, the more time they have in-between to CHANGE the prediction.

Yeah,... only thing we can do is to look at the fundamentals, and to take into consideration the historical pattern. Looking at the MYR is like betting on forex,... FA and TA.

Hence, diversifying currency holdings is one way around it, just like diversifying into multiple funds and stocks when we invest. Then again, we can't over-diversify too.

it could be that we are now experiencing the same effect as Philippines and Indonesia: remittances of our citizens working overseas.

Christmas and CNY, which usually means if one is working overseas, this would be the time to send money back to families etc.

No mistake that MYR is strengthening against all other currencies.

Unfortunately, not sure if any official data been published by Malaysian government, but can do some guesses.

I think Singapore may have close to 2 million Malaysians working there, if not at least 1 million.
And then we count countries like UK, US, Australia, NZ, HK, Taiwan, China... should have at least another 1 million.

I am also guessing all of them 3 million malaysians will be earning much greater than our Malaysia's average income of around 5K rm. In fact, should be a lot more since we like to claim brain drain and better prospect.
So, lets say they can send back 2 months of their salary of say 10K rm min.

3 million x 10K x 2 month is like 60 billion ringgit.

Scary amount of remittance.

Disclaimer: all these are just my educated guesses.

don't bother with ringgit. Ringgit is sampah currency just like the its ppl.

SGD still pretty strong. Damn. Lucky SG people.

ah I am outdated   

It will not put the market into shock mode but will make the market feeling unease...

25 basis points x 3 for the whole year will smoothen the impact for the market.